How Dealers Get Rid of Used Cars That Go Unsold
May 23, 2019
Here's a big question used car shoppers are asking: Why are there so many used cars with only 5,000 miles? In 2019, super low mileage cars hit the market, and if you're quick, you'll get a great deal.
Here's the secret that dealerships don’t want to tell you—and why getting that perfect vehicle is FAR CHEAPER than you ever imagined (if you know where to look)!
The industry knows this. On the Ask Doug column, he said that "there are tons of 1- or 2-year-old cars with only 3,000, 5,000 or 8,000 miles... There are people who get bored with cars very quickly, and they swap them out constantly, frequently, several times a year."1
These car owners can afford to do this because they're leasing or taking advantage of today's low interest rates. Of course, when interest rates increase, there will not be all of these low cost used cars on the market.
And for those that can't afford the cars, they're being repo'd and put back on the market.
The third source of these used cars is from dealer demo or loaner programs. The fourth source is company vehicles. Even many automakers offer free or heavily discounted cars to their employees. And these cars are cycled quickly and put on the market.
After the next page, see low-pricing in your area! Act now and finally get a great deal on an (almost) new vehicle.